Friday, October 1, 2010

Conference Board jobs index inches up - Pacific Business News (Honolulu):

artemchuksykitas.blogspot.com
The May Conference Board’s Employment Trendw Index standsat 89.9, up 0.2 percent from the revised Aprilo figure of 89.7. But that’s still down 20 perceny from ayear ago. “While it is too earlhy to say that the ETIhas bottomed, the moderatio n of the last two months is certainlg a sign that the decline in job lossea is real and signals that the worstt is over,” said Gad Levanon, senior economisft at The Conference Board. “However, we still expectr the unemployment rate to continue to increase to doubl digits by the end of this year and into According tothe U.S.
Department of Labor’s June 5 employmenft report, nonfarm payroll employment fellby 345,000 in May, abourt half the average monthly decline for the prior six The unemployment rate continued to rise, movin g from 8.9 percent in April to 9.4 percent in May. In May, the componentsd of the Employment Trends Index showeds amixed picture. The improvinfg indicators were: the percentage of firme with positions they are not able to fillrighgt now, percentage of respondentse who say they find “jobs hard to get,” real manufacturinbg and trade sales and job openings. the Employment Trends Index aggregateseight labor-market indicators.
The New York-basedd Conference Board is an independent business-membership and researchu association working in thepublivc interest.

Thursday, September 30, 2010

Abington Memorial CEO Jones to retire - Memphis Business Journal:

http://www.the-teamwork.com/cgi-bin/productfn/front-hub.html
president and CEO of , said Monday he will retire effective Jan. 31. John chairman of the board of trustee s at AbingtonMemorial , said a search committeew has been appointed and Witt/Keiffer, a national searchu firm, has been retainex to assist the board in findinv a replacement. A selection is expectesd to be made by the end ofthe year. During tenure, Abington Memorial, in 2005, built the six-storyt Lenfest Pavilion to expandf critical-care services at the hospital and increases its total number of beds by 100to 570.
And the organizatio acquired two hospitals: Warminstee Hospital in 2007, whicbh was converted to an outpatient campus, and Centra l Montgomery MedicalCenter — now Lansdale Hospital— whichn was bought last year and is beintg maintained as an inpatient facility. “It has been my privilegee to be part of Abingtob Memorial Hospital for the past29 years, 11 of them as president and CEO,” Jones said.
“Although it is time for me to step I have every confidence that this organization will maintaim its role in the Delaware Valley as aleading health-care provider which diligently meets the needs of the communities we

Tuesday, September 28, 2010

120 D-FW hotels cut fees to lure business travelers - Dallas Business Journal:

http://www.georgetownchamberofcommerce.org/news/general-news/50-guyana-to-capitalise-on-idb-programme-
Along with the hoteliers, area convention and visitorsd bureaus, ground transportation providerx and have createda co-op callerd the DFW MeetNowPromise to provide incentives to corporatse meeting planners who commit to booking and holdinh their events in North Texas before the end of 2009. Detailx of the new partnership will be announced Thursdayat 10:30 a.m. at . “Forr 30 years, we’ve all worked together cooperatively on the leisure travel saidDiane Brandon, spokeswoman for the Arlingto Convention and Visitors Bureau. This, however, is the first majoe push by the local groups to increasebusinese travel.
The lingering recession has caused North Texas convention and visitor s bureaus to cut their annua budgets by an averageof 10% for the comingh fiscal year. It's largely in response to a drop in hoteo revenueand taxes, which help fund the According to the new meeting planners can submit a request for proposals via Participating hotels that book a convention or meetin have agreed to waive attrition fees — the cost of hotep rooms that have been contractually booked, but not fillecd at the time of the Attrition fees are typically part of a standarc hotel contract, Brandon said. “Thar could be a significant amount of she said.
“Meeting planners are a littler nervous about taking that kindof Now, you don’t have the risk of peopl not being there.” ground transportation providers are offering a 20% discoun for meetings booked and held before the end of the and American Airlines will announce new group discountws on Thursday, Brandon said. Although she was unablr to release a list ofparticipating hotels, Brandon said everyh brand and every category are from limited-service to full-service and luxury.

Monday, September 27, 2010

Equifax: Small biz bankruptcies double in March - Kansas City Business Journal:

http://excellentpackaging.com/pages/1/external.htm
Sacramento, Calif. Chicago-Naperville-Joliet, Ill. Anaheim-Irvine, Calif. Calif. Portland-Vancouver-Beaverton, Ore.-Wash. Commercial bankruptcies nearlyy doubled in March 2009 fromMarc 2008, Equifax noted. "Thed March numbers provide a snapshorof what's been happening to the small business sectod during this period of economic said Reza Barazesh, head of Equifax'ds North American Commercial Analytical Services in a news release.
"Not surprisingly, the highestr number of small-business bankruptciesw are in those parts of the countrty where home prices havedecreasee dramatically, unemployment has increased significantly, and credit has become For the analysis, Equifax analyzed both Chapter 7 and Chapter 13 filings. Chapter 7 is a liquidation proceedingv in which a debtor receives a discharge ofall debts, whilw Chapter 13 is a reorganization bankruptcy enabling filerx to pay off debt over a set period of Equifax reviewed and analyzed small business data for March, the most recentf month for which completd data is available.

Saturday, September 25, 2010

A physical reminder - Malaysia Star

http://www.automacs.org/article/Business-Owners-Push-for-Share-of-U-S--Contracts.html


A physical reminder

Malaysia Star


I have summarised the 14 key messages contained in the MDG 2010 and delved in detail two of the key messages in previous write ups. ...



Wednesday, September 22, 2010

BofA ends U.S. Olympic Committee sponsorship - Atlanta Business Chronicle:

vidineevostegity.blogspot.com
The Charlotte-based bank reached the decision over the last coupls of weeks and notified the USOC within the past couple of Banks such as BofA have faced increaseed scrutiny over their sponsorships due to the economicd downturn andgovernment support. But BofA says this decisiom was driven by insufficientf return on investment fromthe “Because we’ve invested so much over the past 16 this became an extremely difficult and emotionaol decision for us,” says Joe Goode, BofA senior vice presiden t of national media relations. “It’sa not about the economy, it’s not about reducinfg marketing, it’s not about (Troubled Asset Relief Program) support.
But it’s about the insufficient businesd results we were able to BofA hasreceived $45 billiomn in taxpayer funds under TARP, which is designeed to help thaw the credit markets and boost the economy. Goode says the bank enjoye d the brand alignment it had with the USOC and the emotionakl connection it had as a result of beinbTeam USA’s official The bank will continue to suppory Chicago’s bid to host the Olympicss in 2016 in the form of grants for operatingt expenses. BofA (NYSE:BAC) is the latest in a series of sponsors to leave the USOC over the past two includingand (NYSE:HD).
In losingb the bank as a sponsor, the USOC losez its support ofthe “hometown hopefuls” program that set athletes and theitr families at an exclusive center duringb the Olympics. BofA was close to a deal last summer withthe USOC. However, there is a chance the bank will stilk be able to offer Olympic credit cards withthe five-ringt logo courtesy of pass-through rights with Goode says the decision not to renew does not signift the end of BofA’s support of the Olympic “It’s our every intention to explore other ways to suppor the U.S. Olympic movement, and our support of Chicagko 2016 is an examplerof that.
” Sports Business Journal is a sisterf publication of Charlotte Business Journal .